Chittenden County, VT

2024 Fair Market Rents

Tags: 2024 Burlington-South Burlington, VT MSA

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The top four largest cities in Chittenden County are Essex Junction, Burlington, South Burlington, and Colchester. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Chittenden County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Chittenden County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Chittenden County compare?

Chittenden County ($1,887) has a 41.8% higher FMR for 2-Bedroom housing than the average of Vermont ($1,331) and therefore a higher gross rent.

Chittenden County is rank 1st out of 255 counties. This means the FMRs, or in other words, the gross rent is higher than all other counties. Chittenden County is the most expensive county in terms of FMRs.

Rent Tables Chittenden County, VT

Fair Market Rent (40th Percentile)

$1,341
studio
$1,441
1-Bedroom
$1,887
2-Bedroom
$2,390
3-Bedroom
$2,513
4-Bedroom

Median Rent (50th Percentile)

$1,438
studio
$1,544
1-Bedroom
$2,023
2-Bedroom
$2,562
3-Bedroom
$2,694
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
05401 $0 $1,530 $2,010 $2,550 $2,680
05402 $0 $1,490 $1,950 $2,470 $2,600
05403 $0 $1,620 $2,120 $2,680 $2,820
05404 $0 $1,540 $2,020 $2,560 $2,690
05405 $0 $1,550 $2,030 $2,580 $2,710
05406 $0 $1,490 $1,950 $2,470 $2,600
05407 $0 $1,490 $1,950 $2,470 $2,600
05408 $0 $1,400 $1,840 $2,330 $2,450
05439 $0 $1,410 $1,840 $2,330 $2,450
05446 $0 $1,340 $1,750 $2,220 $2,330
05449 $0 $1,490 $1,950 $2,470 $2,600
05451 $0 $1,490 $1,950 $2,470 $2,600
05452 $0 $1,460 $1,910 $2,420 $2,540
05453 $0 $1,490 $1,950 $2,470 $2,600
05465 $0 $1,120 $1,460 $1,800 $1,960
05468 $0 $1,450 $1,900 $2,410 $2,530
05477 $0 $1,370 $1,790 $2,270 $2,380
05478 $0 $1,250 $1,640 $2,080 $2,180
05482 $0 $1,500 $1,970 $2,490 $2,620
05489 $0 $1,810 $2,370 $3,000 $3,160
05490 $0 $1,490 $1,950 $2,470 $2,600
05494 $0 $1,120 $1,460 $1,790 $1,960
05495 $0 $1,690 $2,210 $2,800 $2,940
05676 $0 $1,200 $1,570 $1,990 $2,090
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
05401 $1,287 $1,377 $1,809 $2,295 $2,412
05402 $1,251 $1,341 $1,755 $2,223 $2,340
05403 $1,359 $1,458 $1,908 $2,412 $2,538
05404 $1,296 $1,386 $1,818 $2,304 $2,421
05405 $1,305 $1,395 $1,827 $2,322 $2,439
05406 $1,251 $1,341 $1,755 $2,223 $2,340
05407 $1,251 $1,341 $1,755 $2,223 $2,340
05408 $1,179 $1,260 $1,656 $2,097 $2,205
05439 $1,179 $1,269 $1,656 $2,097 $2,205
05446 $1,116 $1,206 $1,575 $1,998 $2,097
05449 $1,251 $1,341 $1,755 $2,223 $2,340
05451 $1,251 $1,341 $1,755 $2,223 $2,340
05452 $1,224 $1,314 $1,719 $2,178 $2,286
05453 $1,251 $1,341 $1,755 $2,223 $2,340
05465 $927 $1,008 $1,314 $1,620 $1,764
05468 $1,215 $1,305 $1,710 $2,169 $2,277
05477 $1,143 $1,233 $1,611 $2,043 $2,142
05478 $1,053 $1,125 $1,476 $1,872 $1,962
05482 $1,260 $1,350 $1,773 $2,241 $2,358
05489 $1,512 $1,629 $2,133 $2,700 $2,844
05490 $1,251 $1,341 $1,755 $2,223 $2,340
05494 $927 $1,008 $1,314 $1,611 $1,764
05495 $1,413 $1,521 $1,989 $2,520 $2,646
05676 $1,008 $1,080 $1,413 $1,791 $1,881
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
05401 $1,573 $1,683 $2,211 $2,805 $2,948
05402 $1,529 $1,639 $2,145 $2,717 $2,860
05403 $1,661 $1,782 $2,332 $2,948 $3,102
05404 $1,584 $1,694 $2,222 $2,816 $2,959
05405 $1,595 $1,705 $2,233 $2,838 $2,981
05406 $1,529 $1,639 $2,145 $2,717 $2,860
05407 $1,529 $1,639 $2,145 $2,717 $2,860
05408 $1,441 $1,540 $2,024 $2,563 $2,695
05439 $1,441 $1,551 $2,024 $2,563 $2,695
05446 $1,364 $1,474 $1,925 $2,442 $2,563
05449 $1,529 $1,639 $2,145 $2,717 $2,860
05451 $1,529 $1,639 $2,145 $2,717 $2,860
05452 $1,496 $1,606 $2,101 $2,662 $2,794
05453 $1,529 $1,639 $2,145 $2,717 $2,860
05465 $1,133 $1,232 $1,606 $1,980 $2,156
05468 $1,485 $1,595 $2,090 $2,651 $2,783
05477 $1,397 $1,507 $1,969 $2,497 $2,618
05478 $1,287 $1,375 $1,804 $2,288 $2,398
05482 $1,540 $1,650 $2,167 $2,739 $2,882
05489 $1,848 $1,991 $2,607 $3,300 $3,476
05490 $1,529 $1,639 $2,145 $2,717 $2,860
05494 $1,133 $1,232 $1,606 $1,969 $2,156
05495 $1,727 $1,859 $2,431 $3,080 $3,234
05676 $1,232 $1,320 $1,727 $2,189 $2,299

Fair Market Rents on this page apply to the following cities in Chittenden County, Vermont: Essex Junction, Burlington, South Burlington, Colchester, Saint Albans, Milton, Williston, Shelburne, Winooski, Jericho, Waterbury, Richmond, Underhill, Westford, Essex, Jonesville, and Underhill Center.

These Fair Market Rents also apply to the following ZIP codes in Chittenden County, Vermont: 05452, 05401, 05403, 05446, 05478, 05468, 05495, 05408, 05482, 05404, 05465, 05676, 05477, 05489, 05494, 05402, 05451, 05453, 05449, and 05466.

Chittenden County, VT is considered part of the following metro FMR area: BURLINGTON-SOUTH BURLINGTON, VT MSA.

Other counties in the same metro FMR area are: Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, Franklin County, VT, and Grand Isle County, VT. and Grand Isle County, VT. and Grand Isle County, VT. and Grand Isle County, VT. and Grand Isle County, VT.

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Fair Market Rents are published by the Department of Housing And Urban Development.